Rent: £32,500 - £32,500
Town/City: Gosforth, Newcastle upon Tyne
SITUATION
Gosforth is an affluent suburb of Newcastle upon Tyne located 3 miles north of the city centre. The unit benefits from both external frontage to St Nicholas Avenue and internal frontage to the main shopping mall. Nearby operators include Café Etto, WH Smith, Boots, Card Factory and Savers Health and Beauty.
ACCOMMODATION
Arranged over ground & first floors which can be separately let and with loading and parking provisions on the first floor. The first floor houses elements of a Commercial Kitchen whilst the ground floor also has kitchen facilities. The two floors can be let separately.
| Internal Width | 34’ 9” | 10.5m |
| Ground Floor | 1,709sqft | 158.8sqm |
| First Floor | 1,588sqft | 147.5sqm |
LEASE TERMS
A new Full Repairing & Insuring lease for a term to be agreed is available at an initial rent of £32,500 per annum exclusive. Terms per floor are available on request.
EPC
The property has a Energy Performance Certificate of C. A copy of the EPC is available upon request.
BUSINESS RATES
The premises need to be re-assessed for rating purposes. Interested parties are advised to make their own Business Rates enquiries with the relevant Local Authority.
SERVICE CHARGE
The Service Charge budget figure for the year to Dec 31st 2023 is £20,000 excl
COSTS
Each party is to be responsible for their own legal costs incurred with this transaction. All figures quoted are exclusive of VAT and other charges where applicable.
VIEWING
For enquiries, viewing, and general information, please contact:
Ian Angus
E: iana@atretail.co.uk
M: 07960 466211
JONATHAN CHAPMAN
E: jonathan@atretail.co.uk
M: 07949 938210
Property type: Leisure, Retail
Rateable value: £TBC
Planning use: E
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